Joshua Schechter - Sep 14, 2021 Form 4 Insider Report for Support.com, Inc. (SPRT)

Role
Director
Signature
/s/ Joshua Schechter
Stock symbol
SPRT
Transactions as of
Sep 14, 2021
Transactions value $
$0
Form type
4
Date filed
9/15/2021, 06:24 PM
Previous filing
Jun 22, 2021
Next filing
Oct 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRT Common Stock Disposed to Issuer -177K -100% 0 Sep 14, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joshua Schechter is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Support.com, Inc., a Delaware corporation (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 19, 2021, by and among the Company, Greenidge Generation Holdings Inc., a Delaware corporation ("Greenidge") and GGH Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Greenidge ("Merger Sub"). On September 14, 2021, Merger Sub merged with and into the Company, the separate corporate existence of Merger Sub ceased and the Company survived the merger as a direct wholly owned subsidiary of Greenidge.
F2 (Continued from Footnote 1) Pursuant to the terms of the Merger Agreement, each share of common stock, par value $0.0001 per share, of the Company (the "Common Stock") and each restricted stock unit of the Company that was outstanding as of the closing of the merger (the "Closing") was converted into the right to receive 0.115 shares of class A common stock, par value $0.0001 per share, of Greenidge (the "Greenidge Class A Common Stock") (the "Exchange Ratio").
F3 Represents 151,823 shares of Common Stock and 25,380 restricted stock units held by the Reporting Person. In connection with the Closing, each share of Common Stock and each restricted stock unit held by the Reporting Person as of the Closing was converted into the right to receive 0.115 shares of Greenidge Class A Common Stock.